Australia’s APRA highlights ILS & cat bonds as viable reinsurance alternative

Australian regulator of banks, insurers and pensions, the Australian Prudential Regulation Authority (APRA), has highlighted the viability of insurance-linked securities (ILS) and catastrophe bonds as reinsurance alternatives, saying it recognises their benefits and permits them under the calculation of insurance concentration risk charges.The APRA has given a positive signal to the Australian insurance market that … Read more

Nephila AUM stable at $7.2bn. Markel’s Nephila ILS revenues rise

At the end of the second-quarter of 2023, assets under management at Nephila Capital, one of the largest insurance-linked securities (ILS) fund management operations in the market, were stable at $7.2 billion and its parent Markel Group reported that revenues from entities managed by Nephila rose slightly in the quarter.The stabilisation of assets under management … Read more

Everything You Need to Know about IoT in Insurance

By Brynne Ramella, Content Marketing Manager, ProNavigator — Technology is pushing the insurance industry forward. One such advancement is the Internet of Things (IoT). As NAIC says, IoT refers to a network of internet-connected devices transmitting, collecting, and sharing data. The software within these applications analyzes and sends data to cloud servers and large databases. … Read more

Fuelling Around podcast: Dominic Littlewood on the bizarre start to his television career

Television presenter and consumer champion Dominic Littlewood tells all about his TV career to Jason Plato and Dave Vitty in the latest episode of award-winning podcast Fuelling Around.  Littlewood has been involved in television for nearly 20 years and is best known for presenting shows on BBC and Channel 5 such as Cowboy Builders, Don’t … Read more

Should your teen have a summer job?

School’s officially out for summer break. Although the time away from homework, tests, extracurricular activities, and high school hallway drama can be a welcome reprieve, it may not be long before the lack of structure causes your teen to become bored and unmotivated. Consider this an opportunity: A summer job can alleviate boredom, and the … Read more

From Vulnerable to Secure: How Law Firms Can Find the Right Cybersecurity Solutions Provider

Cyber threats are evolving rapidly and increasing in frequency. It is critical for law firms to protect themselves and their clients’ sensitive information from potential cyber-attacks. According to CISA, 47% of American adults have had their personal information exposed by cybercriminals. This means that every law firm owner, managing partner, and firm administrator needs to … Read more

Lightning: Quantifying a Complex, Costly Perilto Support Resilience

By Loretta L. Worters, Vice President, Media Relations, Triple-I Fire historically has been the main risk associated with the peril of lightning strikes. But as urban density increases and society’s dependence on electrical and electronic devices rises, lightning damage can be far more significant than the average home or business owners realizes. According to a … Read more

The Complexities of Michigan’s Clean Slate Law and Insurance Compliance

This post is part of a series sponsored by AgentSync. Michigan’s Clean Slate package is now fully in effect. While the laws aim to give dignity to individuals with difficult legal histories, they’ll undoubtedly cause headaches for compliance departments tasked with overseeing onboarding and ongoing compliance for insurance producers, variable lines brokers, or adjusters. What … Read more